Baghdad signs contract to develop Iraq’s second largest gas field
Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil announced on Monday that the state-owned Midland Oil Company signed a contract with a consortium of Jereh Group, a Chinese oil field services company and manufacturer of oilfield equipment, and Petro Iraq…
Iraq moves to increase its petrochemical projects
Baghdad (IraqiNews.com) – The Iraqi Prime Minister, Mohammed Shia Al-Sudani, reaffirmed on Thursday that Iraq is moving to increase its petrochemical projects. Al-Sudani’s remarks took place during his meeting in Baghdad with a delegation from KBR, a US-based company operating…
Iraq, US review cooperation in energy sector
Baghdad (IraqiNews.com) – The Iraqi Prime Minister, Mohammed Shia Al-Sudani, and the US Assistant Secretary of State for Energy Resources, Geoffrey Pyatt, reviewed on Wednesday cooperation between the two countries in the energy sector. During their meeting in Baghdad, the…
Brazil government announces Petrobras chief dismissed
Brasília – The government of Brazilian President Luiz Inacio Lula da Silva announced Tuesday that the CEO of state oil company Petrobras has been sacked. The move follows a recent spat between Petrobras and shareholders over dividend payments, which heightened…
JAPEX expects Al-Gharraf oilfield to produce 200,000 barrels per day in 2024
Baghdad (IraqiNews.com) – Japan’s hydrocarbon exploration, production, and transportation company, JAPEX, expected on Tuesday that the production of the Al-Gharraf oilfield in Iraq will reach 200,000 barrels per day in 2024. During a press conference to announce the company’s financial…
Iraq’s oil exports to US rise to over 8 million barrels in April
Baghdad (IraqiNews.com) – The US Energy Information Administration (EIA) said on Tuesday that Iraq’s oil exports to the United States surpassed eight million barrels during April. According to the EIA, Iraq’s crude oil exports to the United States in April…
Iraqi-Chinese consortium to develop Tuba oil and gas field
Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil signed on Sunday an initial agreement with an Iraqi-Chinese consortium to develop the Tuba oil and gas field in southern Iraq. The project aims to produce crude oil with a capacity of…
Iraq to reject further OPEC+ oil output cuts
Baghdad (IraqiNews.com) – The Iraqi Minister of Oil, Hayan Abdul-Ghani, told reporters on Saturday that Iraq has implemented enough voluntary cuts in oil production and will not agree to any new cuts adopted by the OPEC+ group at its upcoming…
Jordan urges Iraq to extend oil supply agreement
Baghdad (IraqiNews.com) – The Jordanian Ministry of Energy and Mineral Resources said on Sunday that the country’s imports of crude oil from Iraq have stopped. The cessation of Iraq’s crude oil exports to Jordan is due to the expiration of…
Iraq affirms its commitment to OPEC+ voluntary production cuts
Baghdad (IraqiNews.com) – The Iraqi Minister of Oil, Hayan Abdul-Ghani, confirmed on Sunday that Iraq is committed to OPEC+ voluntary output reduction. Abdul-Ghani clarified in a statement to the Iraqi News Agency (INA) that the Oil Ministry is eager to…